aaronburrssexdungeon:

lord jesus
 43
16 Feb 12 at 12 pm

foundingfatherfest:

publius-report:

Aaron and Alex: Aftermath, In Which Burr’s New York Customs Are Strange and Foreign to Jefferson

You need to marry me. This is amazing.

foundingfatherfest:

publius-report:

Aaron and Alex: Aftermath, In Which Burr’s New York Customs Are Strange and Foreign to Jefferson

You need to marry me. This is amazing.
 10
15 Feb 12 at 1 pm

publius-report:

The Original Manhattan Water Company Building In 1799

In 1799, the Bank of New York - a Federalist bank - was the only one the state, and Republicans, were beginning to feel excluded from the banking industry. While one cannot fault them for breaking a monopoly (despite it going against every anti-banking principle they claimed to have), they went about giving birth to their bank in the most dubious way imaginable.

New York had been victimized by many yellow fever outbreaks, and many started to blame the polluted water supply. Gathering bipartisan support, Aaron Burr approached the Common Council to obtain a charter for a private water company. On his side was Alexander Hamilton, who had plans to use the water company to drain the city swamps and set up sewers as well as bringing the city residents fresh water. When the Common Council gave the state legislature the final vote, it was only afterwards discovered that Burr had tweaked the bill to delete the use of free water to combat fires and instead include the clause:

‘[T]hat it shall and may be lawful for the said company to employ all such surplus capital as may belong or accrue to the said company in the purchase of public or other stock or in any other monied transactions of operations.’

Effectively, the supposed Manhattan Water Company became a bank, and later dropped most illusions of being an actual water company. This proved to be an incredibly poor decision for Burr’s career as he was shunned when he reran for the New York Assembly, as even Republicans were not pleased with how he went about establishing the institution.

More livid than anyone else was Hamilton, who began to fear Burr could and would do anything. Two years later, when it came down to the tie for the presidency between Jefferson and Burr, this incident, probably more than anything else, persuaded Hamilton to choose Jefferson (whom he legitimately hated) over Burr (whom he claimed to have no personal ill will toward).

‘I have myself heard [Burr] speak with applause of the French system, as unshackling the mind and leaving it to its natural energies, and I have been present when he has contended against banking systems* with earnestness and with the same arguments that Jefferson would use.

‘The truth is, that Burr is a man of a very subtle imagination, and a mind of this make is rarely free from ingenious whimsies. Yet I admit that he has no fixed theory, and that his peculiar notions will easily give way to his interest. But is it a recommendation to have no theory? Can that man be a systematic or able statesman who has none? I believe not. No general principles will hardly work much better than erroneous ones.

‘*Yet he has lately, by a trick, established a bank—a perfect monster in its principles, but a very convenient instrument of profit and influence.’

Alexander Hamilton to James Baynard, January 16, 1801.

publius-report:

The Original Manhattan Water Company Building In 1799
In 1799, the Bank of New York - a Federalist bank - was the only one the state, and Republicans, were beginning to feel excluded from the banking industry. While one cannot fault them for breaking a monopoly (despite it going against every anti-banking principle they claimed to have), they went about giving birth to their bank in the most dubious way imaginable.
New York had been victimized by many yellow fever outbreaks, and many started to blame the polluted water supply. Gathering bipartisan support, Aaron Burr approached the Common Council to obtain a charter for a private water company. On his side was Alexander Hamilton, who had plans to use the water company to drain the city swamps and set up sewers as well as bringing the city residents fresh water. When the Common Council gave the state legislature the final vote, it was only afterwards discovered that Burr had tweaked the bill to delete the use of free water to combat fires and instead include the clause:
‘[T]hat it shall and may be lawful for the said company to employ all such surplus capital as may belong or accrue to the said company in the purchase of public or other stock or in any other monied transactions of operations.’
Effectively, the supposed Manhattan Water Company became a bank, and later dropped most illusions of being an actual water company. This proved to be an incredibly poor decision for Burr’s career as he was shunned when he reran for the New York Assembly, as even Republicans were not pleased with how he went about establishing the institution.
More livid than anyone else was Hamilton, who began to fear Burr could and would do anything. Two years later, when it came down to the tie for the presidency between Jefferson and Burr, this incident, probably more than anything else, persuaded Hamilton to choose Jefferson (whom he legitimately hated) over Burr (whom he claimed to have no personal ill will toward).
‘I have myself heard [Burr] speak with applause of the French system, as unshackling the mind and leaving it to its natural energies, and I have been present when he has contended against banking systems* with earnestness and with the same arguments that Jefferson would use.
‘The truth is, that Burr is a man of a very subtle imagination, and a mind of this make is rarely free from ingenious whimsies. Yet I admit that he has no fixed theory, and that his peculiar notions will easily give way to his interest. But is it a recommendation to have no theory? Can that man be a systematic or able statesman who has none? I believe not. No general principles will hardly work much better than erroneous ones.
‘*Yet he has lately, by a trick, established a bank—a perfect monster in its principles, but a very convenient instrument of profit and influence.’
Alexander Hamilton to James Baynard, January 16, 1801.
 51
15 Feb 12 at 12 pm

publius-report:

Aaron and Alex: Rebound, In Which Burr Picks Up The Pieces Following T.J. v Hammie Part 7

publius-report:

Aaron and Alex: Rebound, In Which Burr Picks Up The Pieces Following T.J. v Hammie Part 7
 49
15 Feb 12 at 11 am

reneexmaria:

stepbrothers/ founding fathers

the cross-over that was begging to be made

in which renee imagines a world where burr and hamilton chose to be friends in stead of enemies.

/more mournful sighing/

(Source: aaronburrssexdungeon)

 3
09 Feb 12 at 11 am

preservationva:

On this day, January 27, 1801 John Marshall receives U.S. Senate confirmation to be chief justice of the United States Supreme Court. President John Adams nominated Marshall for the position, and the Senate confirms the appointment during the last session in which Federalists hold a majority in the upper chamber of Congress

preservationva:

On this day, January 27, 1801 John Marshall receives U.S. Senate confirmation to be chief justice of the United States Supreme Court. President John Adams nominated Marshall for the position, and the Senate confirms the appointment during the last session in which Federalists hold a majority in the upper chamber of Congress
 26
05 Feb 12 at 3 pm

publius-reporter:

Jefferson’s copy of The Federalist, sent by Angelica Church who had received it from her sister Elizabeth Hamilton.

“My beloved husband wrote the outline of his papers in the Federalist on board of one of the North river sloops while on his way to Albany, a journey (or rather a voyage) which in those days usually occupied a week. Public business so filled up his time, that he was compelled to do much of his studying and writing while traveling.”

Elizabeth Hamilton, A Godchild of Washington.

(via publius-reporter-deactivated201)

publius-reporter:

Jefferson’s copy of The Federalist, sent by Angelica Church who had received it from her sister Elizabeth Hamilton.
“My beloved husband wrote the outline of his papers in the Federalist on board of one of the North river sloops while on his way to Albany, a journey (or rather a voyage) which in those days usually occupied a week. Public business so filled up his time, that he was compelled to do much of his studying and writing while traveling.”
Elizabeth Hamilton, A Godchild of Washington.
 58
05 Feb 12 at 2 pm

reneexmaria:

i am 89% sure this is how Hamilton’s enemies just viewed him on a regular basis

(Source: aaronburrssexdungeon)

reneexmaria:

i am 89% sure this is how Hamilton’s enemies just viewed him on a regular basis